Google Rebuffs European Union on Antitrust Charges --2nd Update

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Sam Schechner and Natalia Drozdiak in Brussels and Alistair Barr in San Francisco Google Inc. on Thursday rebuffed a European Union demand that it change how its search engine functions, signaling a drawn-out legal battle in the continent's most ...

Asian Markets Ride Tide of Strong U.S. Growth

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

Asian markets rose Friday as renewed optimism about the U.S. economy and China's recent stock gains offset worries about global growth. The Shanghai Composite Index opened up 1.4%, adding to its 5....

Thailand's Industrial Production Contracts Further in July

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Nopparat Chaichalearmmongkol BANGKOK--Thailand's industrial production declined in July, albeit at a slower pace, as manufacturing remained weak, the industry ministry said Friday. Thailand's manufacturing production index slipped 5.3% in July from a year ago, slowing from a revised 7.7% ...

China Extends Two-Day Gains, but Weekly Losses Mount

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

...China's shares surged Friday amid suspected government buying, but the week's volatile trading still puts the index down nearly 8% in that time. In one wild week, China became the epicenter of a...

China's Moves Won't Help U.S. Tech Firms

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

...China also looms large for home-rental site Airbnb Inc., which has announced it would work with Sequoia Capital's China arm and China Broadband Capital to expand in the country. The Chinese investment...

India's Economic Growth Likely Slowed Last Quarter, Economists Say

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Anant Vijay Kala NEW DELHI--India's economic growth likely slowed last quarter, weighed by weak farm production and sluggish manufacturing growth, a survey of economists shows. Gross domestic product in the three months ended June 30 likely rose 7.4% from ...

Asian Rubber Futures End Higher

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

...China and its volatile stock market have not reduced. February Tocom rubber closed down Y2.3 at Y176.0/kg in the night session, which is considered part of the next trading day. Asian Rubber Fut...

Mitsubishi Corp. to Take Strategic Stake in Olam International

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

SINGAPORE?Japanese conglomerate Mitsubishi Corp. will take a strategic stake in Singapore-listed commodities trader Olam International Ltd. for 1.53 billion Singapore dollars (US$1.1 billion), the latest move by growth-hungry Japanese firms looking for opportunities beyond their home market. Olam and Mitsubishi ...

United Continental, Activision to Join S&P 500

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

...China expansion contributed to second-quarter revenue growth. Activision shares rose 6.8% after hours to $29.84. United will join the index after the close of trading Wednesday, while Activision...

Japan Inflation Flat in July

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

TOKYO?Japan's primary inflation gauge was flat in July, beating expectations for a drop below zero, in slightly encouraging news for the Bank of Japan as it struggles to beat deflation and bring about steady price growth. The core consumer-price index ...

Swiss Economy Beats Expectations -- Update

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

...China, doesn't worsen," said Mr. Scheidegger. Second-quarter growth in private and government spending and investment in equipment helped offset weakness in the Swiss export sector, although for...

Eurozone Businesses, Households More Upbeat

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

...China. While service providers and retailers are largely focused on the eurozone economy, manufacturers are more likely to be engaged with international markets. The eurozone economy slowed slightl...

Market Rally Starts to Lose Steam -- 2nd Update

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Josie Cox A rally spurred by optimism over the U.S. economy and a rebound in commodity prices lost some steam Friday, as European shares and U.S. stock futures slipped. Asian markets gained, but the Stoxx Europe 600 was 0.7% ...

Canadian Banks Beat Profit Forecasts

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

Canada's biggest banks posted higher profits in the fiscal third quarter, surpassing expectations and sidestepping the effects of a stumbling Canadian economy. Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Royal Bank of Canada, National Bank of Canada and Bank of ...